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Concerns over rising energy prices and potential interest rate hikes are growing as the summer holidays end. The European Central Bank has raised rates to 2.5%, and the US Federal Reserve is expected to consider a rate hike amid inflation concerns linked to the US-Iran conflict. The Bank of England is also anticipated to maintain its rates at 3.75% despite rising energy costs and inflation pressures.
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Concerns over rising energy prices and potential interest rate hikes are growing as the summer holidays end. The European Central Bank has raised rates to 2.5%, and the US Federal Reserve is expected to consider a rate hike amid inflation concerns linked to the US-Iran conflict. The Bank of England is also anticipated to maintain its rates at 3.75% despite rising energy costs and inflation pressures.
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